Watch: China Has Made All Efforts To Become A Robotic Powerhouse

MarketScale
MarketScale
Jan 31, 2018
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According to the International Federation of Robots, China will lay claim to 40% of total worldwide robotic sales by 2019, an increase from 27% percent in 2015. China is currently ranked No. 1 in sales for industrial robots. in 2015, its government devised a massive tech plan to become the leader in several industry sectors, including medical, aerospace, energy, and developed the Robotics Industry Development Plan. The country is also investing heavily into accompanying technology like machine learning and AI. “China can manufacture simple robots, but nothing complicated like the six-axis ones by Japan, Germany, and the U.S.,” Zi Yang To help close that gap and meet the mandate of 400,000 by the end of 2020, Chinese tech companies have invested and acquired in robotic leaders.

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